Manager Corporate Actuarial

Dawning Truth; Durban; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading financial institution is seeking a highly driven analytical individual to manage their actuarial team. This role involves coordinating actuarial input into the financial planning process, liaising between various divisions, and ensuring compliance with legislation. The ideal candidate will have extensive corporate actuarial experience, be a qualified actuary, and possess strong analytical and communication skills. This progressive company offers an opportunity for growth and development within a dynamic environment, making it a perfect fit for motivated professionals eager to make an impact in the financial sector.

Benefits

Opportunity for growth

Dynamic work environment

Qualifications

• Must have 5+ years of corporate actuarial experience and be a qualified actuary.
• Proficiency in Microsoft Office tools is essential.

Responsibilities

• Coordinate actuarial input for financial planning and liaise with various divisions.
• Monitor legislation related to insurance and analyze its implementation.

Skills

Analytical Skills

Communication Skills

Strategic Thinking

Team Collaboration

Education

Qualified Actuary

5+ Years Corporate Actuarial Experience

2 Years SAM Experience

Tools

Microsoft Word

Microsoft Excel

Microsoft Access

Job description

Leading financial institution seeks a highly driven analytical individual to manage their actuarial team.

This role is within the life division of the financial industry, requiring coordination of actuarial input into the financial planning process and liaising between the Actuarial, Finance, Claims, and Re-insurance divisions.

Key responsibilities include:

• Understanding and implementing SAM in the corporate actuarial environment
• Understanding and implementing current ECAP models
• Setting up profit testing models
• Coordinating with risk management to build internal models and risk structures
• Identifying own risks and providing self-assessment
• Business planning and forecasting
• Providing technical support across divisions
• Monitoring legislation related to insurance and analyzing its implementation
• Financial reporting, statutory capital calculation, and staff management
• Strategic leadership and competitor analysis

Required background experience:

• 5+ years of corporate actuarial experience
• Qualified actuary
• At least 2 years of SAM experience
• Proficiency in Word, Excel, Access

Candidate criteria:

Must-have qualities:

• Deadline-driven and relationship-oriented
• Highly analytical and proactive
• Ability to work under pressure and independently
• Excellent communication and motivational skills
• Team player with strategic thinking capabilities

Must-not-have qualities:

• Emotionally cold or dependent on supervision
• Poor communication or analysis skills
• Lethargic or blamer

Personality traits:

The ideal candidate is a forceful, detail-oriented, and analytical go-getter with excellent interpersonal skills, capable of motivating a team and working under tight deadlines.

Benefits:

Opportunity to grow with a progressive company.

Salary:

Basic: R 600 K to R 900 K per annum, depending on experience and proven track record.